National Financial Literacy Month: What it means to you!

culled from:www.plrplr.com
What a great success the Roth IRA Movement was.  In a few days we are going to enter National Financial Literacy Month, what a great month to celebrate it, ohhhh the coincidence it also happens to be my birthday in April too!  National Financial Literacy Month came about in 2004 when the Senate passed Resolution 316 which officially recognized April as my birthday National Financial Literacy Month.  Originally started as youth financial literacy, it was realized that we all need to be well versed money and personal finance.  For my Canadian friends sorry we will have to wait until November to celebrate your financial literacy month!
Financial literacy plagues many of us in the sense that we live our day to day lives and forget to plan for the future.  No matter what country you live in around the world there has to be some end goal that we are saving for, which is usually retirement.  Living pay check to pay check and not setting aside funds early on can wreak havoc on your financial situation as you near retirement.  Sitting at work about to turn 30, :-( I cannot imagine coming to work at 75 and flying through excel spreadsheets at the same speed I do now.  Granted employers are not to age discriminate, but realistically when I get older I do not see myself as having the capacity to do the complex functions I do now.


What am I doing about it?  I am saving for retirement so that when I am 75, I can be sitting around with my grandchildren enjoying the fruits of my labor with my wife.  What I am asking is for you to take a moment and look at your financial situation and decide what you are going to do about it!  If you look at your retirement portfolio at the moment, is it large enough that you could see yourself living on that for the 20-25 or more years in retirement?
I am not telling you to put aside your whole paycheck to retirement but see if you have any wiggle room to increase your contributions, if you can’t see the money outlasting you.  Every now and again we get caught up in the daily routine that we have to look at the big picture.  This month is not only to make you aware of financial literacy but also to look at your own situation!
Take inventory and maybe you will find an opportunity to save some money by refinancing a car loan or a mortgage now with the low interest rates.  Even a personal loan with low interest rates to consolidate high interest credit cards, there are many ways out there at the moment to save a little money.
What tips or tricks can you offer the readers as ways to either make additional money or find ways to save?  Any interesting side hustles like the mobile hotspot?  How does your retirement portfolio look at the moment?